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Russian Business and Law News


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31.08.2007 16:38

73% of international companies choose foreign workers to run their offices in Russia and Eastern European countries, says the last survey conducted by AESC.


31.08.2007 14:36

Lithuania considers the opportunity to involve other European countries into the talks on gas prices, believing this may change Gazproms decision to increase the cost of gas for the Baltic States up to 280 dollars.


30.08.2007 15:39

Metro Cash & Carry has stopped the sale of toys produced by American company Mattel and returned them to the supplier, since the production didnt meet the safety requirements.


30.08.2007 14:08

Gazprom Company initiates new negotiations on gas price increase for other countries starting 1 January 2008. Baltic States are the first to get ready for the price boost.


29.08.2007 15:11

Only 3% of Russians prefer foreign banks to domestic ones, says the latest survey conducted by the national public opinion research center.


29.08.2007 12:37

Russian oil-producing company Lukoil intends to raise purchase prices on oil for several European countries including Germany, the Czech Republic, Slovakia and Poland.


28.08.2007 16:07

Yak 130 trainers are produced by Russian corporation Irkut, which now controls 40% of the market of military training aircrafts.


28.08.2007 12:43

Nord Stream has changed the route and will run north of the Danish island of Bornholm and past the Economic zone of Poland.Therefore, Poland is no longer able to demand a high-priced examination, though it tries to persuade other countries of the necessity of this step.


27.08.2007 15:45

Russian corporation Irkut, producing multi-role fighters Su 30, is going to make and supply 242 jets abroad. Up to 2012 the corporation is to manufacture 30-35 fighters annually.


27.08.2007 12:42

The Russian authorities are considering the idea to set up a new oil giant capable of producing over 3.5 million barrels of oil daily 35% of total production volume in the country.


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